PEC.LOT 676/RUM PANGSA LORONG PANDAN

PEC.LOT 676/RUM PANGSA LORONG PANDAN in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 148.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 185K, with most transactions falling within a stable range of RM 160K to RM 210K, and a typical market range of RM 168K to RM 203K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 148, with core pricing between RM 128 and RM 168. Market pricing typically extends from RM 134.00 to RM 162.00, reflecting moderate variation in unit pricing. With an IQR of RM 28.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.